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BANK OF BOSTON DECLARES DIVIDENDS ON SERIES A, B AND C PREFERRED STOCK

 BANK OF BOSTON DECLARES DIVIDENDS
 ON SERIES A, B AND C PREFERRED STOCK
 BOSTON, Jan. 23 /PRNewswire/ -- The board of directors of Bank of Boston Corporation (NYSE: BKB) today declared quarterly dividends of 78 cents per share on the corporation's Series A preferred stock (BKBpfA); 75 cents per share on its Series B preferred stock (BKB pfB); and $1.37 per share on its Series C preferred stock (BKB pfC). The dividends on each of these three series of adjustable-rate, cumulative preferred stock are payable on March 16, 1992 to stockholders of record on Feb. 28, 1992.
 For the period Dec. 16, 1991 through March 15, 1992, the dividend rate is 6.30 percent for the Series A shares, 6.05 percent for the Series B shares, and 5.50 percent for the Series C shares.
 Bank of Boston Corporation is a New England-based superregional bank holding company with assets of $32.7 million at Dec. 31, 1991. Its major banking subsidiaries are The First National Bank of Boston, headquartered in Massachusetts; Casco Northern Bank, N.A., in Maine; Bank of Boston Connecticut; Rhode Island Hospital Trust National Bank; and Bank of Vermont. The corporation and its subsidiaries provide a broad range of financial services to individual, corporate, institutional and governmental customers, as well as to other banks. Its common and preferred stocks are listed on the New York and Boston stock exchanges.
 -0- 1/23/92
 /CONTACT: Robert S. McWade of Bank of Boston, 617-434-3950/
 (BKB) CO: Bank of Boston ST: Massachusetts IN: FIN SU: DIV


PB-SD -- NE020 -- 3003 01/23/92 16:37 EST
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Publication:PR Newswire
Date:Jan 23, 1992
Words:266
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